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Far East Knitting sees steady growth in last five years

Far East Knitting & Dyeing Industries (FEKDI) exhibited a steady growth in sales revenue and net profit during last five financial years (FY) from 2012-13 to 2016-17.The company's earnings per share (EPS), however, declined for January-March, 2018 quarter compared to same period of the previous year. The company reported its...

Trust Bank approves 20pc cash dividend

The 19th annual general meeting of Trust Bank Limited has approved 20 per cent cash dividend for the year ended on December 31, 2017.Maj Gen S M Matiur Rahman, Vice Chairman of the bank presided over the meeting at Trust Milonayaton in the capital on Saturday, said a statement.The meeting...

VFS Thread IPO subscription starts today

The IPO (initial public offering) subscription of VFS Thread Dyeing will start today (Sunday) and will continue till July 02, according to the website of Dhaka Stock Exchange (DSE).Bangladesh Securities and Exchange Commission (BSEC) approved the company's IPO proposal on April 03. As per the BSEC approval, the VFS Thread...

Bashundhara Paper gets listing approval

FE ReportBashundhara Paper Mills has received listing approval from the Dhaka bourse to make its share trading debut.A DSE official said the board of directors of the Dhaka Stock Exchange (DSE) gave listing approval to the company recently and the date for starting share trading will be fixed soon.Bashundhara Paper...

Dhaka Bank signs MoUs with PRAN RFL Group

Dhaka Bank Limited recently signed two MoUs with PRAN RFL Group for payroll banking services of Rangpur Metal Industries Limited and cash management services of the group at PRAN RFL Group Head Office recently, according to a statement. Under the payroll banking MoU, Dhaka Bank will provide payroll banking services...

Islami Bank opens 334th branch at Banasree

Islami Bank Bangladesh Limited inaugurated its 334th branch at South Banasree in the caption on Saturday, according to a statement. Managing Director and CEO of the bank Md. Mahbub ul Alam inaugurated the branch as the chief guest. Additional Managing Director of the bank Mohammed Monirul Moula addressed the programme...